File: June 2015 Results

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Global momentum fades, but Japan takes off

All in all, sentix Economic Indices point to lower dynamics in the world economy indicated by weaker 6-month expectations for the Global Aggregate. However, developments are rather heterogeneous among the regions: While investors trim back their expectations for the euro area and for Germany, they raise them for Japan and the US. And, at the same time, as a rate hike by the Fed this year becomes more probable, investors’ perspec-tives for the emerging-markets regions get cloudy.

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